Solar Thermal Collectors Market Equipment, Growth Drivers, Size, Top Manufacturers, Share, Demands, Regions, Future Trends and Industry Forecast 2030

Research Reports

Mar 10, 2023

Solar Thermal Collectors Market Overview:

The Solar Thermal Collectors Market size is expected to attain a global CAGR of 8.15% during the ongoing forecast period of 2022-2030, with introduction of more affordable collectors. The solar thermal collectors market refers to the global market for devices that use solar energy to generate heat for various applications. These devices can be used for residential, commercial, and industrial purposes.

The market for solar thermal collectors is driven by the increasing demand for renewable energy sources, as well as the need for more efficient and sustainable heating systems. Additionally, the rising costs of fossil fuels and concerns about climate change are also contributing to the growth of the solar thermal collectors market.

Key Players:

Key players involved in the solar thermal collectors market are,

  • Alternate Energy Technologies LLC. (US)
  • TVP Solar (Switzerland)
  • Ouraset (Turkey)
  • SunEarth (California)
  • GREENONETEC SOLARINDUSTRIE GMBH (Austria)
  • Absolicon Solar Collector AB (Sweden)
  • Sunerg Solar s.r.l. (Italy)
  • Solimpeks (Turkey)
  • Heliodyne Inc.(California)
  • HTP Comfort Solutions LLC (US), among Commercial

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Report Attribute/Metric

Details

Market Size 2021

USD 23.9 billion

Market Size 2022

USD 25.84 billion

Market Size 2030

USD 44.73 billion

Compound Annual Growth Rate (CAGR)

8.15% (2022-2030)

Key Market Opportunities

New product launches and R&D for Solar Thermal Collectors

Key Market Dynamics

Increasing awareness about renewable energy is driving Solar Thermal Collectors

Solar Thermal Collectors Market Regional Classification 

The solar thermal collector market May divided across it that is based on the reason into North American region, the Asia Pacific region, the European region, the Latin American region, and the Middle East. Africa is the fastest emerging region with the largest share of the Global market that my held by the Asia Pacific region that is specific because of the presence of countries like South Korea, and Japan. China and Canada are perfectly-regarded. Even the manufacturing hub of the Solar thermocol actors that made by the market. Moreover, you need to consider increasing urbanization as well as industrialization which is considered another factor for More market demand.

The market transfer shows that the advocate for survival is preferred in most of the roaming regions across the globe. It is acceptable that European reasons as this is the region that may provide the higher temperature in comparison to the availability of a flat plate and improved efficiency along with the higher operating temperature that promises grade functional benefits to the market.

Industry news

  • May 2022: Inaventa Solar, a pioneer in solar thermal collector technology, collaborated with Solvay to create the new BI70 solar collector. 
  • July 2019: Southwest of Stuttgart, in Germany, Ettenheim has chosen Savosolar as its preferred provider for a 1,700 m2 solar collector field and a 200 m3 heat storage facility. Over 800,000 euros are anticipated to be spent on the delivery. 

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The Report Answers Following Questions:

  1. What are the key drivers of this market growth?
  2. What are the emerging trends that could impact the demand for this industry in the future?
  3. How will market evolve over the next 5-10 years?
  4. What strategies do you think companies should adopt to meet the demand and capitalize on market growth opportunities?
  5. What will be the future growth rate of the market?
  6. What is the current demand for this market?

Solar Thermal Collectors Market Segmentation

Based on product type 

The market is segmented worldwide into focussed and non-centralized product types based on product sort. The types of concentrating foodstuffs are further separated into solar towers, parabolic cribs, parabolic mirrors, and parabolic concentrators. The bazaar is segmented globally into marketable, residential, industrial, and several others based on submission. 

Based on region 

Based on region, the fair is segmented globally into North America, Europe, Asia Pacific, Latin America, Middle East, and Africa.

List Of Tables

Table 1 GLOBAL SOLAR THERMAL COLLECTORS MARKET BY PRODUCT TYPE

Table 2 GLOBAL SOLAR THERMAL COLLECTORS MARKET BY APPLICATION

Table 3 GLOBAL SOLAR THERMAL COLLECTORS MARKET BY GEOGRAPHY

Table 4 NORTH AMERICA SOLAR THERMAL COLLECTORS MARKET BY PRODUCT TYPE

Table 5 NORTH AMERICA SOLAR THERMAL COLLECTORS MARKET BY APPLICATION

Table 6 US SOLAR THERMAL COLLECTORS MARKET

Table 7 US SOLAR THERMAL COLLECTORS MARKET BY PRODUCT TYPE

Table 8 US SOLAR THERMAL COLLECTORS MARKET BY APPLICATION

Table 9 CANADA SOLAR THERMAL COLLECTORS MARKET BY PRODUCT TYPE

Table 10 CANADA SOLAR THERMAL COLLECTORS MARKET BY APPLICATION

Table 11 EUROPE SOLAR THERMAL COLLECTORS MARKET BY PRODUCT TYPE… Continued

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About:

Market Research Future® (Part of WantStats Research and Media Pvt. Ltd.) has specialized research analysts in the areas of Aerospace & Defense, Automotive, C&M, Energy & Power, F&B, Healthcare & Pharmaceutical, ICT, Industrial Equipment, Packaging Construction & Mining and Semiconductor.

Market Research Future (MRFR) is a global market research company that takes pride in its services, offering a complete and accurate analysis with regard to diverse markets and consumers worldwide. MRFR’s approach combines the proprietary information with various data sources to give an extensive understanding to the client about the latest key developments, expected events and about what action to take based on these aspects.

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